Freehold or Leasehold Property

Freehold properties generally are highly sought after in Singapore given that the lease can be technically held by the owner indefinitely. Comparatively, even though freehold properties maybe priced slightly higher in the market, there are no market restrictions such as CPF usage when the property becomes older.

It is also noted that freehold properties tend to fetch better prices when there is an enbloc comparatively to 99 year leasehold developments. Also, 99 year leasehold developments tend to have a price reduction as the lease runs close to the 20 to 40 year mark.

Amber 45 UOL Freehold Condo

Amber 45is a freehold development located right in the heart of Marine Parade as well the Tanjong Katong area. Several shopping centres as well as established institutions are located around in the vicinity. Amber 45 is also located near to East Coast Park as well as many of the eateries along Tanjong Katong Road.

Amber 45 location represents one of the highly sought after developments located in the Amber Road area which is freehold and located near to the Tanjong Katong area as well as the Marine Parade area. There are several shopping centres located in the area such as 112 Katong as well as Parkway Parade. The site sits on the former Ban Nee Chen Nursery which is a freehold land that is of 70,000sqft on 45 Amber Road.

There are also several eateries situated alongside Amber Road for your friends and families to gather. Amber 45 is also situated close to East Coast Park.

Amber 45 Land Size and Build up Area

Based on the land size of 69,858 square feet and a build up ratio of 2.0. Analyst note that an estimated 190 units can be build on the plot of land which is within walking distance from Marine Parade and Tanjong Katong MRT Station. The site is from the former Ban Nee Chen Nursery owned by Sin Lian Huat Co which is sold to UOL for S$156 million.

The development will be located near to Tanjong Katong Shopping Centre which is right across the road where there are plenty of eateries as well as pubs to choose from. Also, UOL’s impressive portfolio of properties such as Botanique at Barley, Riverbank at Fernvale, Seventy Saint Patrick’s as well as other developments makes it one of the more experienced property developers in Singapore. Amber 45 will be their next iconic launch located in Amber Road area. Amber 45 UOL is anticipated to be well received as there has not been any new launches in the area for a long time. The last project launched was 70 St Patrick and that was in 2014.

Amber 45 Former Ban Nee Chen Nursery

A wonderful and unique lifestyle awaits you. Please see Amber 45 site plan and floor plans for more information.